$1to1 this project is still interesting — being able to generate and publish your own stablecoin on several mainstream public chains with one click is basically unique in the Launchpad track. The USD1 token has already been listed on multiple top-tier exchanges, and liquidity is also good.
Currently, the market cap is only 230K, which leaves plenty of room for valuation considering its functional positioning. As an essential part of Web3 infrastructure, the customizable issuance model of stablecoins indeed addresses many pain points.
However, specific project details still require your own DYOR, digging deeper into the technical implementation and team background before drawing conclusions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
AllTalkLongTrader
· 9h ago
230K market cap is indeed a bit outrageous. If the one-click token issuance method really gets implemented, it could create some interesting variations.
View OriginalReply0
Blockchainiac
· 9h ago
230K market cap? That's really cheap, but the stablecoin space is very complex. You need to understand the underlying technology clearly before making a move.
View OriginalReply0
GasWaster
· 9h ago
ngl the one-click stablecoin thing sounds cool until you realize the bridge fees to actually use it across chains will destroy your cost-basis lmao
Reply0
GoldDiggerDuck
· 9h ago
230K market cap so low? It seems a bit off, need to take a closer look to see if the liquidity is really that good.
View OriginalReply0
StablecoinGuardian
· 9h ago
230K market cap? If the technology is really solid, it might take off.
$1to1 this project is still interesting — being able to generate and publish your own stablecoin on several mainstream public chains with one click is basically unique in the Launchpad track. The USD1 token has already been listed on multiple top-tier exchanges, and liquidity is also good.
Currently, the market cap is only 230K, which leaves plenty of room for valuation considering its functional positioning. As an essential part of Web3 infrastructure, the customizable issuance model of stablecoins indeed addresses many pain points.
However, specific project details still require your own DYOR, digging deeper into the technical implementation and team background before drawing conclusions.